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Consolidated Statements of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest Income    
Interest and fees on loans and leases $ 1,502 $ 1,520
Interest and dividends on securities 234 150
Interest on other earning assets 7 6
Total interest income 1,743 1,676
Interest Expense    
Interest on deposits 121 171
Interest on federal funds purchased, securities sold under repurchase agreements and short-term borrowed funds 1 4
Interest on long-term debt 185 216
Total interest expense 307 391
Net Interest Income 1,436 1,285
Provision for credit losses 288 340
Net Interest Income After Provision for Credit Losses 1,148 945
Noninterest Income    
Insurance income 271 250
Service charges on deposits 137 135
Mortgage banking income 216 95
Investment banking and brokerage fees and commissions 89 87
Checkcard fees 43 72
Bankcard fees and merchant discounts 54 46
Trust and investment advisory revenues 45 43
Income from bank-owned life insurance 30 30
FDIC loss share income, net (57) (58)
Other income, net 52 14
Securities gains (losses), net    
Realized gains (losses), net (4) 21
Other-than-temporary impairments (3) (1)
Non-credit portion recognized in other comprehensive income (2) (20)
Total securities gains (losses), net (9) 0
Total noninterest income 871 714
Noninterest Expense    
Personnel expense 730 694
Foreclosed property expense 92 143
Occupancy and equipment expense 153 154
Loan processing expenses 63 56
Regulatory charges 41 61
Professional services 35 31
Software expense 32 26
Amortization of intangibles 22 26
Merger-related and restructuring charges, net 12 (2)
Other expenses 205 183
Total noninterest expense 1,385 1,372
Earnings    
Income before income taxes 634 287
Provision for income taxes 189 53
Net income 445 234
Noncontrolling interests 14 9
Net income available to common shareholders $ 431 $ 225
Earnings Per Common Share    
Basic $ 0.62 $ 0.32
Diluted $ 0.61 $ 0.32
Cash dividends declared $ 0.20 $ 0.17
Weighted Average Shares Outstanding    
Basic 697,685 695,309
Diluted 707,369 704,101